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Bankers expect interest rate hike due to inflation

Bankers expect interest rate hike due to inflation

Apnaloan.com Research Bureau

02 Apr 2008

According
to most bankers the interest rates will harden in this quarter from April-June
2008.

The hike
is expected due to the rising inflation, which is now touching a 13-month high
of 6.68 per cent.

The
Reserve Bank of India
will have its credit policy meeting on April 29, in which the announcement of
the interest rate hike is expected.

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on the link to know more: http://www.apnapaisa.com/loan/home-loan-india/index.html